What are some stocks that have an negative coloration

Stocks with a negative correlation typically move in opposite directions to one another. Here are some examples of stocks that have a negative correlation: 1. **Competitors in the Same Industry**: Companies that are direct competitors in the same industry, such as Coca-Cola and PepsiCo, may have a negative correlation. This is because events that are good for one company may be bad for the other. 2. **Companies Reacting to the Same External Stimuli**: Two stocks may have a negative correlation if they react differently to the same external event or stimulus. For instance, financial stocks may increase in value when interest rates rise, while the stocks of companies in the real estate and utilities sectors may decrease. 3. **Diversification through Negative Correlation**: Investors often seek to diversify their portfolios by including stocks that have a negative correlation with each other. For example, commodities like gold may have a higher likelihood of being negatively correlated with the stock market. 4. **Historical Correlation**: Some asset classes, such as stocks and bonds, have historically shown a negative correlation. This means that when one is rising, the other is falling, and vice versa. When considering stocks with a negative correlation, it's important to understand the reasons behind the correlation and how they may impact your investment decisions. The specific stocks that exhibit negative correlation will depend on the nature of the correlation and the broader market conditions.